STJ Trade on Oct 16, 2014 09:58 from JensW: Tradervue User Stock Trades.

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Shared by
JensW

 

Goal for day: Very tight risk managment, keep losses to max. 50-60 per trade

Setup: --------------------------Rubberband Snapback Short
Entry: --------------------------57.02
Shares: -------------------------100
Stop: ---------------------------57.50
T1: -----------------------------56
T2: -----------------------------
Reward:Risk Ratio (T1): ---------2
Exit: ---------------------------56.67
Profit/(Loss) Without Commission:--- 34.75

Comments:

  • Was obsessed with position management and micromanaged positions all day
  • Thought crazy rebound is not sustainable and stock will turn around
  • Used whole number 57 as guide, while right guide was 57.5 from previous day
  • Worked out
  • Coverage so so
  • Happy I found and traded this set-up

image


Execution detail:

Date/time Symbol Side Price Position
2014-10-16 09:58:41 STJ sell $57.020 short
2014-10-16 10:27:35 STJ buy $56.525 short
2014-10-16 11:11:37 STJ buy $56.820 0


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